Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$141,708$141,708$283,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$141,792$0
Funding fee$0$0$0
Note rate3.490%3.490%7.400%
Blended rate4.340%6.171%7.640%
1st payment$742.25$742.25$1,962.90
2nd payment$0.00$945.28$0.00
Taxes / mo$262.50$262.50$262.50
Insurance / mo$150.00$150.00$150.00
MI / mo$117.23$117.23$56.70
HOA / mo$430.00$430.00$430.00
Total monthly$1,701.97$2,647.26$2,862.10
Cash to close$173,292$31,500$31,500